Home Renovation Loans!

Get a low rate personal loan, and get started on your home renovation!

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Get what you need

Borrow what you need between $5k and $50k

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Super quick

Get a personalised rate in as little as 2 minutes

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No ongoing fees

No monthly or early repayment fees

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Credit score safe

Getting a quote won’t affect your credit score

Calculate your great rate!

Find out what your repayments could be 
with our SocietyOne personal loan calculator

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Your estimated repayments

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View the Fine Print

As easy as

1

2

3

Getting a home renovation loan with SocietyOne is quick and easy
Simply provide us with some basic personal details, tell us how much you’d like to borrow and what you plan to use the loan for to receive an obligation free rate estimate in as little as 2 minutes.

If you’re happy with your quote, you can continue to apply for a loan online. Filling in the application will only take around 5 minutes all up.

We’ll review your credit history, income and expenses. We know that time is of the essence, so once your loan application has been approved, you’ll find your funds quickly deposited into your bank account.

If you’re looking for a general estimate of what your payments and interest rate may look like, our Repayment Calculator is a handy tool that can also give you an idea of what you may expect.

1

Get your rate
In as little as 2 minutes we’ll give you a rate based on your credit history.
Simply provide us with some basic personal details, tell us how much you’d like to borrow and what you plan to use the loan for to receive an obligation free rate estimate in as little as 2 minutes.

2

Apply online
It only takes 5 minutes for most people to finish their application.
If you’re happy with your quote, you can continue to apply for a loan online in minutes. We’ll review the information you’ve provided and get back to you with a response

3

Get your funds
Once approved, we'll have the funds in your account in as little as one business day!
We’ll review your credit history, income and expenses. We know that time is of the essence, so once your loan application has been approved, you’ll find your funds quickly deposited into your bank account.
GET A QUOTE


It takes less than two minutes!

Don't just take our word for it...

4.6 Google  4.8 ProductReview
"We used our SocietyOne loan so we could afford a holiday to Thailand for my husband and I to celebrate our 40th  wedding anniversary!  We had such a  wonderful time."
“Company is efficient and quick with regard to their service. Will definitely refer to family and friends. Don’t make the clients wait on the phone unlike other companies. More power.”
“Customer service has been fantastic very efficient. The loan rate is reasonable & has helped at an important time. The paperwork is so simple you can do it from your phone.”
“I found it was a very easy way to apply for a loan to pay off my credit card and personal loan I had with amazing interest rates I wish I had found them years ago I would have saved thousands not just a few hundred.”
"It was very quick and easy to apply and saved me huge amounts of credit card interest. I would recommend this to anyone. I applied with multiple other loan companies and found this to be the best one. Great service!"

See how we compare to the big banks

Looking for a low rate loan with no ongoing fees? See how our comparison and interest rates measure up to Commonwealth Bank, Westpac, ANZ and NAB.
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Rates as of 10/09/2020

View the fine print

As easy as 1, 2, 3

Getting a Personal Loan with SocietyOne is quick and easy

1

Get your rate

In as little as 1 minute we’ll give you a rate 
based on your credit history.
Simply provide us with some basic personal details, tell us how much you’d like to borrow and what you plan to use the loan for to receive an obligation free rate estimate in as little as 2 minutes.

2

Apply online

It only takes 5 minutes!
If you’re happy with your quote, you can continue to apply for a loan online in minutes. We’ll review the information you’ve provided and get back to you with a response

3

Get your funds

Once approved, we'll have the funs in your account within a few days!
We’ll review your credit history, income and expenses. We know that time is of the essence, so once your loan application has been approved, you’ll find your funds quickly deposited into your bank account.
GET A QUOTE


It takes less than two minutes!

Plan your renovation!

Whether you’re planning to extend your family home, are getting your house ready to put on the market or are wanting to spruce up an existing bathroom or living space, a SocietyOne personal loan can be a great way to fund your home renovation.

You can avoid adding to your mortgage and incurring additional interest over 10, 15 or 25 years, and with our great low rates and no early repayment fees, you could save on fees too.

Get two minutes
to spare?

Get a Quote

Who can get a home renovation loan?

If you’re thinking of applying for a home renovation loan from SocietyOne, there are a few key criteria that you’ll need 
to meet to be eligible:
You need to be at least 21 years of age
Be an Australian citizen or a permanent resident of Australia
You must earn more than $30,000 per annum, with Centrelink considered to be a supplementary form of income
It’s important that you have a good credit score

What you'll need


You may need to supply us with the following information and documents as part of your loan application:
Your personal details – name, address, date of birth
A driver’s licence or passport
Proof of your address - for example, a utility bill
Proof of your income in the form of payslips or bank statements
Details about your day-to-day expenses, and any other debts

Resources & Guides

Useful documents & tools to help guide your way

Frequently Asked Questions

Things to Consider Before Getting a Holiday Loan
Are there any other fees or charges?

We charge a one-off establishment fee. This is included in your total loan amount. There are no monthly fees or early repayment fees. So you have the security of a fixed rate loan, with the flexibility to pay it off early.

How do I make repayments?

Repayments can be made in either fortnightly or monthly instalments, by direct debit.

If you wish to make extra payments, please contact our customer service team on customer.service@societyone.com.au. There are no fees or penalties for making extra payments or paying off your loan early.

If you are experiencing financial hardship and are having difficulty repaying your loan please contact customer service on customer.service@societyone.com.au.

Can I repay my loan early? Can I make extra payments?

Yes, absolutely. SocietyOne encourages responsible borrowing and provides repayment flexibility. You can either pay out your loan early or make lump sum payments during the life of your loan with no extra fees or penalty. If you wish to pay off your loan completely then please contact us at customer.service@societyone.com.au so that we can give you an accurate settlement quote.

Got more questions? Head to ourfrequently asked questions pagefor more answers.

The Fine Print

Information about SocietyOne borrowing rates
Tier 1 borrowers will receive an interest rate between 6.99% - 10.49% p.a. (comparison rate 6.99% - 12.21% p.a.). Tier 2 borrowers will receive an interest rate between 9.99% -12.19% p.a. (comparison rate 12.87% - 13.89% p.a.). Tier 3 borrowers will receive an interest rate between 11.99% - 14.99% p.a. (comparison rate 15.08% - 16.61% p.a.). Tier 4 borrowers will receive an interest rate between 14.99% - 20.49% p.a. (comparison rate 18.48% - 22.06% p.a.). Loan example: for a borrower with excellent credit (Tier 1 borrower), a loan of $10,000 over a 3 year term, with an interest rate of 8.99% p.a. (comparison rate 11.69% p.a.) and a $400 establishment fee, the fortnightly repayment would be $152 and the total cost over the life of the loan (including the establishment fee) would be $11,883.

Information about comparison rates
Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan.  The SocietyOne comparison rate is based on an unsecured fixed rate personal loan of $10,000 over 3 years.  WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

Information about personal loan calculator
The personal loan calculator provides an estimate of repayment amounts and is not a quote or an offer to provide credit.  Actual repayment amounts may be higher or lower depending on the interest rate assigned to your loan.  See above for more information about SocietyOne borrowing rates.  The comparison rate for 2 year and 3 year loans is based on a loan amount of $10,000 and for 5 year loans, the comparison rate is based on a loan amount of $30,000.  An establishment fee is added to your loan, based on your SocietyOne loan grade and the loan amount. The minimum establishment fee for most borrowers is $395 (except some Tier 1 (excellent credit) borrowers who will have a $0 establishment fee) and the maximum fee is $995.

Information about bank comparison table
All rates in the bank comparison table are based on an unsecured fixed rate personal loan of $10,000 over 3 years. The SocietyOne rate is the lowest available rate for a borrower with excellent credit (Tier 1 borrower).  See above for more information about SocietyOne borrowing rates.  The comparison table does not take into account short term bank promotional rates.

Canstar 5-star Rating was awarded on 7th of November 2019 for the Unsecured Loan – Excellent Credit Product for the Unsecured Personal Loan profile.

SocietyOne Australia Pty Limited ACN 151 627 977 holds Australian credit licence no. 423660. Credit is subject to SocietyOne’s standard terms and conditions and lending criteria.